Date: June 20 @ 2:00 PM – 3:30 PM
Venue: The Fusion Room at The Frontier | RTP
Cost: Free
Target Audience: Entrepreneurs
Overview: Because of legislation passed by the NC General Assembly in July 2016, startups in North Carolina can now raise up to $2 million from average investors using their own website or a registered funding portal. A further simplified option, called the Local Public Offering (LPO), permits raising up to $250,000 without use of a website. Think of this as a friends-and-family round except now any North Carolina resident can back an offering. These options include various safeguards for investors while expanding fundraising avenues for startups. A representative of the NC Department of the Secretary of State’s Office will cover recent developments in investment crowdfunding including:
- Data on what has worked and what has not in crowdfunding
- Why breweries, distilleries and customer-driven companies are leading the pack
- How more than 300 startups have filed for federal crowdfunding
- Why NC’s LPO option is unique among states